Stueve Siegel Hanson LLP filed the country's first class action lawsuit in San Diego, California alleging that Experian subsidiary, Consumerinfo.com, which operates the websites http://www.freecreditscore.com/ and http://www.freecreditreport.com/, fraudulently misrepresents its credit scores.

Consumerinfo.com takes money from consumers through false, misleading and deceptive advertisements for so-called credit scores that are not used by lenders to determine creditworthiness. The number represented to consumers by Consumerinfo.com as a credit score is not the consumer's FICO (Fair Isaac Co.) score, the only third party score used by lenders to determine consumer creditworthiness.

The lawsuit alleges that Consumerinfo.com defrauded Plaintiff and a Class of others similarly situated by (1) misrepresenting that Consumerinfo.com offers, sells and provides a credit score used by lenders in determining a consumer's creditworthiness; (2) failing to sell and provide such credit scores to Plaintiff and the Class as advertised; and (3) failing to clearly and conspicuously disclose material facts, including that the advertised "credit score " is based on a proprietary, in-house method of calculation (Experian's Plus Score®) that is not provided to, used by, or seen by lenders to determine creditworthiness. Federal law provides for a free credit report annually, but in order to obtain a credit score it must be purchased from a credit reporting agency.

Click HERE to view the Complaint.

Click HERE to view the Press Release.

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